Report
Robert Jan Vos ...
  • Salome Charamalet

Coca-Cola Europacific Partners : Weak set of Q3 2023 results, 3% miss on sales’ consensus

>Strong comparable and weak volumes in Q3 2023 - CCEP reported € 4,807m in Q3 2023 with 1.5% of yoy growth and a 3% miss on css (Vuma css: € 4,962m, AAOBe: € 4,985m). Revenues were weak in Northern Europe (-1%) and stronger in Germany (+9%) and Iberia (6%). All volumes are down in Q3 with sparkling reporting -3.5% and stills reporting -10%. For Europe, CCEP reported € 3,956m in Q3 2023 with 3.5% of yoy growth and a 2.6% miss on css (Vuma css: € 4,062m, AAOBe: € 4,087m...
Underlying
Coca-Cola European Partners Plc

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Robert Jan Vos

Salome Charamalet

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